As leaders from across African governments, the private sector, civil society, and international development partners gather this week in Japan for the ninth Tokyo International Conference on African Development (TICAD), it’s encouraging to see health taking a prominent place on the agenda.
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Commodity prices are projected to experience a slight downturn in 2024 and 2025 but are expected to remain above pre-pandemic levels. Energy prices are expected to decline by 3 percent in 2024, as notably lower prices of natural gas and coal offset higher oil prices, followed by a further decline of 4 percent in 2025. Agricultural prices are expected to ease as well in this year and next amid improved supply conditions. Metal prices are set to remain steady in 2024, before rising slightly in 2025. Although the price forecasts assume no further conflict escalation, risks remain tilted to the upside, stemming from the possibility of conflict in the Middle East and its consequent impact on energy supplies.
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Recipe for a Livable Planet is the first comprehensive global roadmap for mitigating the agrifood system’s contributions to climate change. It shows how the agriculture system that produces the world’s food can cut greenhouse gas emissions while continuing to feed the world.
Netherlands for the World Bank 
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